Site icon News Azi

L&T Realty plans expansion for growth, signs $1-billion projects in Mumbai

This development is part of the L&T Realty’s larger plan to strengthen its footprint in major metros by adding around 5 million sqft per year over the next five years.

Topics

L&T Realty | Real Estate  | Mumbai



BS Reporter  | 
Mumbai 





Larsen & Toubro- (L&T-) backed real estate development arm, L&T Realty on Monday announced its expansion plans in the Mumbai market for driving growth.


The company has signed three projects worth Rs 8,000 crore (approximately $1 billion) in prime locations such as South Mumbai, Western Suburbs, and Thane with a development potential of 4.4 million square feet.


This development is part of the L&T Realty’s larger plan to strengthen its footprint in major metros by adding around 5 million sqft per year over the next five years.


Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.

We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor



First Published: Mon, July 18 2022. 23:43 IST

Stay connected with us on social media platform for instant update click here to join our  Twitter, & Facebook

We are now on Telegram. Click here to join our channel (@TechiUpdate) and stay updated with the latest Technology headlines.

For all the latest Business News Click Here 

 For the latest news and updates, follow us on Google News

Read original article here

Denial of responsibility! NewsAzi is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – admin@newsazi.com. The content will be deleted within 24 hours.
Exit mobile version